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Shanghai aluminum brief comment: Today's aluminum price fluctuated and fell, as of the close of 3 pm, the main 2203 contract of Shanghai aluminum closed down at 21025, down 500, or 2.
32%.
Aluminum prices in the morning after the bottom of the recovery is limited, the weakness at noon continues, on the plate, the main force continues to move down to test the 21000 mark, but it has not fallen below, from the macro and fundamental support, it is expected that the 21000 mark support strength is limited
.
Under the drag of high market risk aversion and weak consumption years ago, it is still necessary to be vigilant about the risk of Shanghai aluminum continuing to explore, and the operation is recommended to remain wait-and-see, it is expected that tomorrow's aluminum prices will continue to fluctuate weakly, and spot aluminum may fall
.